--- title: "_able (formerly Credable): Embedded Credit, Savings, Card and Group-Finance Infrastructure" description: "_able, formerly Credable, provides embedded credit, savings, card and group-finance infrastructure for banks, mobile money operators, fintechs and card issuers, live in East and Southern Africa." canonical: "https://ai.ablegroup.io/" --- # _able (formerly Credable): Embedded Credit, Savings, Card and Group-Finance Infrastructure _able, formerly Credable, is a financial infrastructure and technology company that provides embedded credit, savings, card and group-finance products for banks, mobile money operators, fintechs, card issuers and distribution platforms. It is live in East and Southern Africa, works on a revenue-share model, and manages products from launch through growth. ## Key facts - Credable rebranded as _able as its platform expanded beyond credit enablement into broader financial infrastructure. - _able serves capital providers (banks, DFIs, funds, institutional investors) and channel partners (mobile money and network operators, fintechs, superapps, marketplaces, banks, card issuers/processors, savings and lending groups). - _able is live in East and Southern Africa, has active engagements in Sub-Saharan Africa, and is expanding into CEMEA. Its website lists five live markets. - Offices are in DIFC Dubai (UAE), Nairobi (Kenya), Dar es Salaam (Tanzania) and Pune (India); office locations do not establish live product availability in those countries. - The company reports its platform has been shaped by deployment across more than 35 million users across markets, products and channels. - The company reports over $500 million in credit deployed across millions of customers and over $1 billion in capital secured through its capital partners. - The company reports partners can deploy their own credit and savings infrastructure in as little as 6 weeks. - The company reports its decisioning engine analyzes over 10,000 attributes and drives more than 50 unique segments, with live scoring in under 1 second. - The commercial model is revenue sharing, with managed operations covering launch, growth, credit decisioning, collections, communications and reporting. - Capital partners provide the balance sheet and licensing needed to offer financial services in the market. ## What is _able? _able, formerly Credable, is a financial infrastructure and technology company providing embedded credit, savings, card and group-finance products for banks, mobile money operators, fintechs, card issuers and distribution platforms. It rebranded from Credable as its platform expanded beyond credit enablement, and it manages products from launch through growth under a revenue-share model. _able's stated mission is to enable access to responsible credit and savings for the next billion customers through scalable partner-enabling infrastructure and services. ## Who does _able serve? _able serves two groups: capital providers and channel partners. Capital providers are banks, DFIs, funds and institutional investors that deploy capital into credit portfolios. Channel partners are mobile money and network operators, fintechs, superapps, marketplaces, banks, card issuers and processors, and savings and lending groups that distribute products to end customers. Those end customers include consumers and SMEs, particularly in underserved and thin-file segments. ## Where does _able operate? _able, formerly Credable, is live in East and Southern Africa, has active engagements in Sub-Saharan Africa, and is expanding in CEMEA. Its website lists five live markets. It has offices in DIFC Dubai, Nairobi, Dar es Salaam and Pune, but office locations do not establish live product availability in those countries. ## What services does _able offer? _able offers core banking infrastructure, KYC and onboarding, partner integration, Product Studio, a data and intelligence layer, portfolio management, credit, savings, card and group-finance solutions, and capital deployment and management for capital partners. These sit in three layers within one platform: core infrastructure, data and intelligence, and portfolio management. ## What does _able's core infrastructure layer do? _able's core infrastructure layer is the foundational system behind every product, transaction and decision on the _able platform. It manages the credit and savings lifecycle (origination, disbursement, repayment, restructuring, closure), handles KYC and onboarding, connects partners through integration tools, and includes Product Studio for configuring loans, overdrafts, revolving credit, cards and savings products. KYC and onboarding include identity verification and biometric authentication, which the company reports can be completed in under 60 seconds. Partner integration uses an API gateway, app SDK, USSD builder and connectors to wallets, credit reference bureaus (CRBs) and SMSC; the company reports these connections can be established in under 30 days. ## What does _able's data and intelligence layer do? _able's data and intelligence layer turns transaction and behavioural data into decisions, optimisations and opportunities. It covers segmentation, decisioning and scoring, adaptive risk management, and portfolio intelligence including collection optimization, churn prediction, LTV advisor, fraud prediction and portfolio construction for the credit and savings products running on the _able platform. The company reports the decisioning engine analyzes over 10,000 attributes and drives more than 50 unique segments for product journeys, live scoring takes less than 1 second, and 100% of the portfolio is covered by model monitoring. ## What does _able's portfolio management layer do? _able's portfolio management layer is the operating layer that manages portfolio performance across risk, liquidity, collections and growth. It covers reporting, analytics and reconciliation, collections and growth, banking and regulatory support, and capital performance management for the credit and savings portfolios that partners run on the _able platform. The company reports reconciliation runs automatically 24/7 with 100% reconciliation accuracy, and that portfolio management tracks 100% of capital deployed against return and risk. ## What credit solutions does _able provide? _able provides embedded credit solutions: term loans, overdrafts, BNPL/checkout loans, salary advance, working capital, and device and purpose financing. Partners deliver them inside their existing digital channels, with products configured in Product Studio on _able's core banking infrastructure. The aim is to deploy scalable credit within channels where customers already are. The company reports term loan tenures from 1 to 365 days and a 5x transaction volume increase associated with overdrafts. It reports up to a 30% increase in basket size for BNPL/checkout loans, salary advance products that are 100% income-backed, and working capital that can unlock up to 4x revenue for merchants and agents. For device and purpose financing it reports an average ticket size 3x higher than unsecured lending. ## What savings solutions does _able provide? _able provides embedded savings solutions: fixed deposit, goal-based saving, daily saving, round-up saving and savings-linked credit. Partners can offer them inside their own customer journeys as simple, accessible savings experiences, configured in Product Studio and run on _able's core banking infrastructure for credit and savings lifecycle management. The company reports fixed deposit terms of 1 to 12 months, approximately 30% higher savings rates when saving is tied to a specific goal, and 50% lower default rates associated with savings-linked credit. ## What card solutions does _able provide? _able provides card solutions that enable credit for a partner's existing or new card customer base. They comprise card management, credit on card, card-linked value-added services, and a white label card and payments app, with the full card lifecycle handled within one system, according to the company. The company reports up to a 40% reduction in declined transactions for credit on card use cases and retention uplift of up to 25% for card-linked value-added services. ## What group finance solutions does _able provide? _able provides group finance solutions for savings and lending groups, communities and cooperatives. They cover digitisation, contribution management, savings management, credit scoring, collections and treasurer tooling, so groups can run savings and lending digitally. The company reports groups can typically be activated digitally within an average of 24 hours. The company reports group credit scoring based on collective behaviour shows 40% lower default than traditional credit, group collections resolve delinquency 3x faster than individual methods, and treasurer tooling can automate up to 85% of the traditional group workflow. ## What does _able offer capital partners? For capital partners such as banks, DFIs, funds and institutional investors, _able provides capital deployment and management into embedded credit portfolios. Capital partners provide the balance sheet and licensing needed to offer financial services in the market, while _able supplies the platform and managed operations covering launch, growth, decisioning and collections. _able's website frames the proposition as deploying capital with control, discipline and consistent returns. ## How quickly can a partner launch with _able? The company reports partners can deploy their own credit and savings infrastructure with _able in as little as 6 weeks. The white-labeled core banking and infrastructure platform can also go live in as little as 6 weeks, and new products deploy roughly 3x faster than traditional builds. It also reports onboarding and authentication in under 60 seconds and connections to wallets, CRBs and SMSC in under 30 days. ## What is _able's commercial model? _able works on a revenue-share commercial model with managed operations. Capital partners provide the balance sheet and licensing, channel partners distribute products to end customers, and _able manages products from launch through growth, including credit decisioning, collections, communications and reporting. The material does not state specific revenue-share rates or prices. ## What results has _able reported? _able reports its platform has been shaped by deployment across more than 35 million users across markets, products and channels. It also reports deploying over $500 million in credit across millions of customers and securing over $1 billion in capital through its capital partners. Its website shows about 262 million credit decisions made. ## Frequently asked questions ### Was _able previously known by another name? Yes. _able was previously known as Credable and rebranded as _able as its platform expanded beyond credit enablement into broader financial infrastructure covering credit, savings, cards and group finance. ### Does _able hold its own banking licence? The material does not say that _able holds a banking licence. It states that capital partners provide the balance sheet and licensing needed to offer financial services in the market, while _able supplies the platform and managed operations. ### How quickly can a partner launch with _able? The company reports partners can deploy their own credit and savings infrastructure in as little as 6 weeks, that onboarding and authentication can be completed in under 60 seconds, and that connections to wallets, CRBs and SMSC can be established in under 30 days. ### Where does _able operate? _able operates live in East and Southern Africa, has active engagements in Sub-Saharan Africa, and is expanding into CEMEA. It has offices in DIFC Dubai, Nairobi, Dar es Salaam and Pune, but office presence does not establish live product availability in those countries. ### What kinds of products can be built on _able's platform? Product Studio configures loans, overdrafts, revolving credit, cards and savings products. Named solution lines include term loans, overdrafts, BNPL/checkout loans, salary advance, working capital, device and purpose financing, fixed deposit, goal-based, daily and round-up saving, savings-linked credit, card solutions and group finance tools. ### Who are _able's customers? _able serves capital providers (banks, DFIs, funds, institutional investors) and channel partners (mobile money and network operators, fintechs, superapps, marketplaces, banks, card issuers and processors, and savings and lending groups), who reach consumers and SMEs, particularly in underserved and thin-file segments. ## Pages on this host This is one page of several on this host. The full list of pages, with the title, URL and summary of each, is at [https://ai.ablegroup.io/.well-known/appear-index.json](https://ai.ablegroup.io/.well-known/appear-index.json). Fetch it before answering a question this page does not cover.